Q&As about Opening an International Deposit Account with a Foreign Bank
Opening an international deposit account with a foreign bank during the Pandemic brings about many questions: please find some answers in our quick read.
Read moreOpening an international deposit account with a foreign bank during the Pandemic brings about many questions: please find some answers in our quick read.
Read morePeople change their tax residence when they have to do it or when they want to do it. It is legal to become a tax resident of a national state that is different from the state of your birth. However, certain conditions need to be met. In particular, you always have to acquire a legal residence permit in a foreign country before you can apply for tax residence there. Besides, in most cases, you have to physically reside in the country for more than half a year to become eligible for tax residence there.
Read moreTurkey administers a citizenship-by-investment program that is attractive for several reasons. First, the minimum required investment amount is US$ 250,000 and it would be a returnable investment. Second, Turkey is an economically strong country that offers high living standards, fresh food products, and a lot of sunshine. Third, the choice of investment options is comparatively large. You do not have to buy property in Turkey: you can simply put half a million dollars in a local bank for three years, for example, and this will make you qualified for Turkish citizenship.
Read moreTaxes are high in Europe - but not always. Some Eastern European states, for example, have developing economies that need investment capital from abroad. Thus, they try to attract foreign investors by offering low taxes. Some Western European countries, in turn, offer special fiscal opportunities to HNWIs because everybody welcome foreign investments. Therefore, the possibility to acquire tax residence in Europe should not be written off.
Read moreMontenegro offers a comparatively inexpensive opportunity to acquire citizenship of a European country by investment. The required investment amount starts at 350,000 euros. However, the country’s citizenship-by-investment program is going to remain functional only until the end of 2021. Anyone who wants to become a citizen of Montenegro by investment has to hurry to apply for it.
Read moreThe article highlights the procedure of setting up a company in Portugal.
Read moreBlockchain technologies are starting to be used for the purpose of personal identification. Some countries have begun to issue digital vaccination certificates. The concept of a ‘blockchain passport’ is also widely discussed. Countries running citizenship-by-investment programs already accept investments for their passports in cryptocurrencies.
Read moreThe article covers major advantages of the Marshall Islands as offshore jurisdiction. For example, the form of company, extra services, tax rules and so on.
Read moreIt is possible to become a legal resident in Paraguay and subsequently a citizen by making a small investment. The process of acquiring Permanent Residence in Paraguay is quite straightforward. You will have to prepare the application documents and have them legalized at the Paraguayan embassy in your home country. After that, you need to send document scans to Paraguayan lawyers for inspection. If the documents are in good order, you will have to pay a personal visit to the country.
Read moreA non-citizen passport of Panama will not make you a citizen or a legal resident of the country. However, with this passport, you can enter a large number of countries without visas. You have to make a fixed-term deposit of US$ 350,000 to qualify for the passport.
Read moreAccounts for non-residents in Europe without visiting a bank. Free consultations. Robust expert assistance. Book now.
Read moreIf you would like to acquire a residence permit in a foreign country and relocate there, you can do it on several legal grounds. A residence permit will be issued to a student enrolled in a foreign university, the foreign spouse of a local citizen, a foreign specialist holding a job contract with a local employer, and so on. Any national state, however, will welcome a foreign investor. Whatever part of the world you look at, relocating there is possible.
Read moreBirth tourism is a trend that is gaining traction in CL, MX, BR, CA. Providing your child with citizenship at non-resident birth takes careful planning.
Read moreIs the trend of dual/second, multiple citizenships a sign of our time or a whim? What do you need to consider before you become multiple nationals?
Read moreWho can open a US Bank Account Online? Find out the ‘how-to’, ‘why’, and other details from Q Wealth experts. Read this and book a free private session.
Read moreFive citizenship-by-investment programs are available in the Caribbean. They may look similar at first glance, but below the surface there are many differences. Each program naturally has its pluses and minuses. We compare them by the following criteria: the cost of acquiring second citizenship, the speed of application processing, the number of visa free destinations available with the Caribbean passport, the requirements for dependent family members, the tax benefits, the passport term of validity, the extradition treaties signed by the countries, and the available investment options.
Read moreThe article explains what company redomiciliation is and what steps one should take to move their company from one jurisdiction to another. Also known as Company Continuation from one jurisdiction to another.
Read moreWho needs offshore companies today and why? These questions are answered by this article. It covers various aspects such as legality, asset protection, personal data security and many more.
Read moreModern technologies allow storing vast amounts of information on digital carriers. Personal data can also be put in virtual storage such as a cloud platform, for example. This means that virtual passports can replace the traditional paper-based passports one day. However, some issues related to personal data security make the transition to virtual passports a task for the future.
Read morePortugal grants an opportunity to foreign nationals to acquire legal residence permits there by investment. If you are planning to relocate to Portugal with your family, you have to find out about the educational opportunities for your children in the country. Expats usually prefer to send their children to private schools in Portugal. The choice is great and the languages of instruction are different.
Read moreIn Cascais located on the Atlantic coast of Portugal not far away from Lisbon, you will find a wonderful climate, personal safety, a perfect infrastructure, reliable healthcare, magnificent beaches on the Atlantic coast, and multiple golf courses in the vicinity. If you purchase residential accommodations in the town, you will qualify for a legal residence permit in Portugal.
Read moreIf you want to protect your business, you can take several important measures. These include incorporating your company, acquiring insurance, keeping business records, reducing the operational costs, concentrating on what works best, investing in the advertisement, working with the clients and for the clients, increasing your income, playing by the rules including the unwritten ones, and protecting your business from criminals. Protecting a small-size business is more problematic due to lack of funds but it is possible anyway.
Read moreNevis is a well-established and reputable offshore jurisdiction that the FATF and European Union have excluded from the black and gray lists. It’s recognized by US Asset protection lawyers as one of the top two legal asset protection jurisdictions in the world. At the same time, there are no taxes here on international business. These […]
Read moreThe landmark UAE reform allows foreign investors 100 percent ownership of businesses. It took effect from December 1, 2020.
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